cancel
Showing results for 
Search instead for 
Did you mean: 

Foreign Currency Revaluation for Multiple Local Currencies in 1 Company Code

Former Member
0 Kudos

Dear SAP Experts,

Kindly need your expertise and suggestion regarding my below case:

This company has 3 Local Currencies:

  • LC1 = USD (Company Code Currency)
  • LC2 = MYR (Group Currency)
  • LC3 = USD (Hard Currency)

Now we have GL Open Item transactions in USD (Transaction Currency = USD), in the month end period, we want to revaluate these transactions to LC2 (MYR) using Valuation Area for Group Currency. Below are the steps that I have done:

1. Tcode: FAGL_FC_VAL, enter Company Code, Valuation Key Date, and Valuation Area for Group Currency.

2. Tab Postings: Input Posting Parameters (Posting Date, Document Date, Reversal Date), and choose Posting Mode.

3. Tab Open Items: G/L Accounts: Tick Valuate G/L Accounts and choose GR/IR options.

My concern for point 3, if I choose "Do Not Valuate GR/IR Accounts", these USD transactions CANNOT appear while the other foreign currency transactions (e.g. SGD and EUR) can.

If I choose "Valuate GR/IR Accounts Using Information from FI Document" and input the GL Account in field "GR/IR Reference Costs", these USD transactions CAN appear along with the other foreign currency transactions. However, the GL Account is actually not related to GR/IR Accounts.

So my questions is: What is field "GR/IR Reference Costs" for? Why do we have to choose this option while actually this G/L Account is not related to GR/IR? Which configuration that we missed or wrongly setup? This case only happen when we run revaluation for GL Open Item and for USD transactions only.

Thank you very much.

Regards,

Accepted Solutions (0)

Answers (0)